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AXS / TetherUS

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AXSUSDT trade ideas

AXS: Approaching ResistanceTrade setup : Following news of AXS taking steps to decentralize, price bounced off of $6 support level, with huge volumes, and reached $10 resistance. If it breaks that, the next major resistance is $14, which is also 200-day moving average. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $6. The nearest Resistance Zone is $10, then $14, and $20.
Long
by altFINS
1
AXS: A GOOD MOVE COMING IN.Hello traders. I hope you guys are doing well. Here's an update on AXS in 3 days timeframe. AXS has been doing exceptionally well in the last 3 days. With a rally of almost 50% ↑, AXS boosted the NFTs giving a ray of hope in this bearish market. Currently, the price has settled down at $9 but has the potential of rallying close to $16 by the end of this year. The only struggle AXS is facing is the $10.8 resistance level. Once AXS breaks above this resistance level, $16 rests assured. Also, a breakdown below the support level will invalidate this chart. In a long run, AXS has a lot of potentials. Key points: Resistance: $10.8. Invalidation: $6.5. Target: $16. That's it from my end. Have great hours ahead. Trade safely.
Long
by Dexter_The_Trader
3
Axie Infinity Breaks Bullish (Grows 77.7% In 4 Weeks)Another altcoin that is looking good today is Axie Infinity (AXSUSDT). We can see the classic consolidation pattern in purple, a symmetrical triangle, that just broke to the upside. We see pairs that produced a higher low in November compared to June, breaking bullish. But we are also seeing the pairs that produced a lower low in November compared to June, yet still breaking bullish. This is a strong market-wide signal and predicts an upcoming change of trend for the Altcoins market. EMA10 We use for the short-term. Below bearish and above bullish. EMA50 We use for the mid-term. We see AXSUSDT going above EMA50 on high volume and a very strong RSI. Telling us that the mid-term trend for this altcoin is changing from bearish to bullish. Just as we saw with NMR, CRO, FXS, ANT and so on. Since the trend is changing, what we see now is only the beginning. You can expect additional growth in the weeks to come. Think Dogecoin and Litecoin. These moved ahead... The rest of the Altcoins market will follow. Namaste.
Long
by AlanSantana
2
🔥 AXS Short-Term Bull-Flag: Parabolic Move ContinuedAXS has seen a big bullish move today. As of now, AXS is seeing some minor consolidation after the initial big move up. In my view, we're currently trading in a bull-flag, which should theoretically break bullish sooner than later. I'm waiting for a break of the top dotted trend line for confirmation. First target is rather conservative, second is more risky with a higher Risk-Reward ratio. Be patient for the break out.
Long
by FieryTrading
6
🔥🚩WHY AXS MADE +132% IN 5 MIN❓ $1M HACK❗🔥Hi friends! AXS was almost top gainer of this week, but seems like it's not because the "great development" or super event, that ussually pump such gaming coins. As it turned out, it was a hacker attack that allowed to steal millions of dollars from traders through API keys. 📊 HOW THE SCHEME WITH API KEYS WORK❓ 1. Traders use the API keys to connect some platform with remote access to the Binance account. There are a lot platforms, I will not specify it here. 2. Some account accumulate AXS on exchange and set their stop-limit sell orders by 50-100% higher from the entry point. The accumulation can take 1-2 weeks, because such coins has low liquidity. 3. Hackers enter your accoumt through the "hole" in API-keys and start to buy coins by market orders. 4. As such coins have low liquidity, the price easilly reach hackers stop-limits and now they have USDT with +130$ profit. "Legal" deposit, easy money. 🔥 Here the tweet of one victim to CZ and Binance about losing of $1M. ✅ This is not just a single case. I found at least 3 traders that got the same troubles with API keys. I think that is another bad case with the crypto exchange. 🚩 It looks like an attempt to discredit the crypto exchanges, as after the fall of FTX someone wants more "blood" on the market. It is good that CZ and Binance support reacted to this news in time and it did not become so widely known. As far as I understood from the story of one participant, Binance will refund🔥 the money to its users, but previously blocked their accounts for some time to avoid the repeat. 📊 TECHNICAL ANALYSIS The price don't pay attention to this spike and continue to follow BTC movements. The most possible AXS's movement is pullback to the $12-13 value area. 📊 Precondition to open a long: 1. squeeze to the trendline 2. local manipulation with sl collection 3. bullish BTC 🚩 I personally use DOM and Footprint. These scalping toold help me to identify the whales buy/sell orders and ✅The 2 main targets for AXS: 🔥 $8.7-9.4 - the value area 🔥 $12-13 - the value area and local highs. Strong resistance for the price ✅ Traders, do you know about this case before? Maybe, you have additional information about this hacks. Share info about it in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
by Yuriy_Bishko
5
AXS/USDT possibility fora quick push hereHey guys!!! Next one we came across AXS coin. Well we have seen multiple strange transactions to exchanges like Bybit and Binance which shows that soon there might be a small breakout. Also most exchanges have a buy orders ready near our entry zone so let's see where we will head from here If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowPremium
17
AXS has recorded extreme fluctuations!During the last week, AXS has recorded extreme fluctuations, so these fluctuations are unprecedented in the history of digital currencies and unprecedented in the history of transactions of this currency. Its high intensity can be seen even in time frames of less than 5 minutes. In the first place, due to the strong increase in demand, the price of this currency registered a stunning growth from the range of 6.5 dollars and reached 18 dollars. But later on, due to very heavy selling pressure, we saw the price return to the starting range of the upward movement. Due to the downward trend of the overall market and more selling pressure that occurred on this currency, the price decreased to the range of $4 for a few minutes. But then the price of this currency returned to the range of 7 dollars. In the rest of the week, the fluctuations between the support of 6.5 and the resistance of 7 dollars have continued. Therefore, the reason for the formation of one of the daily candles with very long shadows on both sides is these extreme fluctuations. But in the last daily candle, selling pressure is seen again, and the price returns to the low support. The first support for AXS is in the $6.80-$6.90 range. The second support will be in the $6.5-$6.40 range if this level is broken. But if the second support breaks, increased selling pressure could push the price to a new bottom in 2022, which could be considered the $5.30 area.
by MonoCoinSignal
6
Axie Infinity token AXS price was pumping. Why and what next ?Yesterday there was an unpleasant situation on the AXSUSDT chart. In 3 minutes, the price jumped from $7 to $19 on Binance. This pump was picked up by trading bots, and perhaps traders on other exchanges also managed to react. For example, on WhiteBit, the price rose to $14 The pump occurred because the purchases were made using API keys, at least 3 Binance users who traded using the API key on Skyrex a crypto trading bot platform. Moreover, the trading balance of one of the users was in the region of $1 million. CZ CEO Binance on Twitter reported that their team is clarifying the situation, and the user with the largest trading deposit confirmed and thanked him for the help. Automation of trading is a convenient thing, many cryptocurrency exchanges implement a copy trading service for this, and it is clearly safer than trading through the API. At least because the responsibility for security lies with the cryptocurrency exchange with a large security department and appropriate tools, and when using an API key to trade on third-party platforms, the likelihood of hacking or compromise is much higher. Here is the AXSUSD price chart on the 3-day time frame. As you can see, the AXS price has been in a falling channel for more than a year. Yesterday's "manipulations" with the price of the Axie Infinity token formed the Japanese candlestick "Inverted hammer" , which in normal situations serves as a trend reversal signal. Whether this pattern can be taken into account in this situation is a controversial issue. It can be assumed that perhaps in the future a reversal pattern "Head and Shoulders" will form. The global target for growth of this pattern is around $60. We believe that the first safe purchases of AXS are possible if and when the AXSUSDT price can consolidate above $10. The final reversal of the downtrend to the uptrend will come only after the price of AXSUSDT can gain a foothold above $19 (even during yesterday's artificial pump could not break this level) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
22